Is El Dorado Springs, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, El Dorado Springs has remained a Seller's Market.
Housing Prices in El Dorado Springs, MO
How much do homes in El Dorado Springs, MO cost?
Median Sold Price
$145,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in El Dorado Springs was $145,000 in May 2024, up 15.1% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $53.5K | $140K | +161.7% |
2 Bedrooms | $82K | $74K | -9.8% |
3 Bedrooms | $138.5K | $159.2K | +15.0% |
4 Bedrooms | $155K | $225K | +45.2% |
5+ Bedrooms | $249.5K | $469.9K | +88.3% |
Summary: El Dorado Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161.7%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 88.3%.
Median Sold Price Compared To Nearby Cities
El Dorado Springs | $126K | $145K | +15.1% |
Box Township | $129K | $144K | +11.6% |
Housing Supply in El Dorado Springs, MO
How many homes are available in El Dorado Springs, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
62 | 59 | -4.8% |
Summary: The El Dorado Springs real estate market had 59 homes for sale in May 2024, a 4.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 39 | 33 | -15.4% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The El Dorado Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in El Dorado Springs in May 2024, down by 21.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for El Dorado Springs, MO
How long does it take to sell a home in El Dorado Springs, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 13 Days | -76.2% |
Summary: Homes in El Dorado Springs had an average of 13 days on market in May 2024, down by 76.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in El Dorado Springs; 36% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.